When a CPA examines a company’s financial statements, and then expresses an opinion about the fairness of those statements, the individual in engaging in a process known as a/an ____________________.
Fill in the blank(s) with the appropriate word(s).
audit
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A large and well-known corporation wants to acquire a plot of ground for a new plant. To avoid the extra cost, the corporation purchases the land through several agents, each purporting to be buying personally. In such cases, the corporation is a(n) ________.
A. disclosed principal B. subagent C. undisclosed principal D. partially disclosed principal
A stepparent adoption can occur even if the biological parent does not wish to relinquish legal rights
Indicate whether the statement is true or false
Two adults enter into an oral contract for the sale and purchase of some land. All material facts
were disclosed by the Seller to the Buyer. Which is true? A) This contract is unenforceable because of the Statute of Frauds. B) This is a unilateral contract if only one party transfers land. C) Because the parties are adults, it is certain that there is no problem with capacity. D) This contract is voidable because it is not in writing.
What conversational stance does a good networker take?
a. generally takes the lead in the conversation b. actively listens, leaning forward, and mirroring the speaker’s gestures c. tends to join the larger group where more people can hear his or her message d. will listen at first, then turn the conversation to his or her entrepreneurial goal